Part 3/11:

Jobless Claims Reach New Highs

As per the Department of Labor, continued unemployment claims have surged to 1.91 million, marking the highest levels since late 2021. This figure has remained static for several months, largely due to individuals exhausting their unemployment benefits after 26 weeks without securing new employment. The implications of this data indicate that those who find themselves jobless have few options, perpetuating the cycle of despair and uncertainty in the job market.